Property sales across the Central North Island region at 59 in the month showed no change on a seasonally adjusted basis in November but was up 28% as compared to a year ago. The inventory of unsold houses fell to 80 weeks to remain in line with long-term average of 79 weeks of equivalent sales.

Median sales price for properties sold across the whole of the Waikato / Bay of Plenty region at $310,000 were down 3% as compared to a year ago and down on the prior month. The asking price expectation of new listings in the Central North Island was up 9% as compared to a year ago at $364,815.

The level of new listings coming onto the market in November at 296 was up a very significant 119% as compared to a year ago.